automotive

BMW sees 1-billion-euro earnings hit from US tariffs

FRANKFURT/WASHINGTON — German carmaker BMW said on Friday it expected tariffs to cost it one…

Japan seeks Tesla stake in Nissan, Foxconn eyes Honda

A high-level Japanese group that includes a former prime minister has drawn up plans for…

Jan car sales rev up by 10.4%

The year is off to a good start for local automotive companies as January sales…

New perks for carmakers out soon

A P9-billion new incentives program for automotive vehicle manufacturers is expected to begin accepting applications…

BIZ BUZZ: Ferrari sales revving up

Even the cheapest of these engineering marvels that are the epitome of power, precision and…

PH vehicle output contracted 7.2% in Nov ’24

The country’s vehicle production declined in November last year by 7.2 percent, falling by nearly…

Nissan may call off merger talks with Honda, source says

TOKYO — Japan’s Nissan may call off its merger talks with Honda, according to a…

New high: PH vehicle sales seen to top 500K this year

Vehicle sales in the Philippines are expected to reach a new high topping 500,000 units…

Ayala bags $100-M ADB loan for EV development

The Asian Development Bank (ADB) has signed a $100-million financing deal with Ayala Corp. for…

PH vehicle sales hit fresh record-high in 2024

Vehicle sales hit a new record-high in 2024, although that was not enough to hit…